Top 40 mining companies’ 2010 financial results ‘spectacular’-PwC

The top 40 global mining companies are poised to break through the US$1 trillion asset mark this year, due to record levels of cash, property and equipment on balance sheets, says a new PwC report.

In their report Mine 2011: The game has changed, PwC called the financial results of the top 40 “spectacular” as total revenues increased 32% to US$435 billion, breaking the $400 billion mark for the first time.